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low sales tax. local book stores already on pressure for the rabid rise of ebooks feel particularly squeezed. michael tucker owns a chain of book stores in san francisco. >> if you can save 10%, why wouldn't you? >> reporter: but amazon's tax advantage recently disappeared in california, adding 7 to nearly 10% to the cost of each order. it also began taxing this year in other states like pennsylvania and texas. on-line retailers collect tax only for states where they have a physical presence. now here in california, amazon is building two giant warehouses, including this one near los angeles. it's a million square feet, and for the old-fashioned retailers, it's another reason to worry. why? because amazon's goal is to get items to customers faster and to be able to offer same-day delivery. that's right. you can avoid stores if you want and have a package delivered to your house in a matter of hours. a win for consumers but tough for local retailers. >> if amazon creates distribution centers and faci
low sales tax. local book stores already on pressure for the rabid rise of ebooks feel particularly squeezed. michael tucker owns a chain of book stores in san francisco. >> if you can save 10%, why wouldn't you? >> reporter: but amazon's tax advantage recently disappeared in california, adding 7 to nearly 10% to the cost of each order. it also began taxing this year in other states like pennsylvania and texas. on-line retailers collect tax only for states where they have a physical...
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Nov 25, 2012
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you can say, in spirit, that i don't -- i'm against raising taxes in spirit. however, as a legislator, i have to make choices based on what's happening at that moment in time. and if you have -- if you have a rising deficit and you have a country where the economy is stagnating you may have to, in the short term or for longer periods of time raise revenue and you may have to do that through raising taxes. so to have ever taken that position was an extreme position. >> so lawmakers, we're talking about peter king, lindsey graham being the latest ones today, to say they might consider abandoning that no tax hike pledge, similar to how senator saxby chambliss said he would abandon the pledge for the american people. yes, they may have been extreme positions but for a long time most of these lawmakers didn't feel it was extreme, they felt it was the necessary thing to do, they were digging in heels for a very long time. so it does seem hike an incredible page that's being turned here to be able to now say, i'll consider abandoning that. it does seem like there is
you can say, in spirit, that i don't -- i'm against raising taxes in spirit. however, as a legislator, i have to make choices based on what's happening at that moment in time. and if you have -- if you have a rising deficit and you have a country where the economy is stagnating you may have to, in the short term or for longer periods of time raise revenue and you may have to do that through raising taxes. so to have ever taken that position was an extreme position. >> so lawmakers, we're...
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control over national member states budgets even to have its own sources of income it's only you taxes that of course he's pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better off course in terms of the britain's own deficit and the debts that the u.k. has it is a small amount that the european union's asking for because the european union has already taken so much power people are just loathe to accept a situation where they're going to get any more money as europe is struggling to find a common path separatist feelings are growing in some regions and they certainly seem to be dominating the local elections in catalonia or over half of the residents say that they want to make an independent state this with economic turmoil exasperating desires for sovereignty artie's andrew farmer is in barcelona for us well the polls have opened today in an election which could represent a step towards any final break up of spain and it is because the cattle i am president are the masse
control over national member states budgets even to have its own sources of income it's only you taxes that of course he's pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better off course in terms of the britain's own deficit and the debts that the u.k. has it is a small amount that the european union's asking for because the european union has already taken so much power people...
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Nov 25, 2012
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it's not about being anti-tax, it's about unnecessary taxes. i think both parties don't want to have unnecessary taxes as well. as long as we're able to have an intelligent conversation about this and move away from the sound bites, a compromise is much easier to be made. >> well, what about walking away from this whole pledge thing? that did seem to be a road block in the minds of many republicans. >> pledges are stupid. >> but they were acted upon. >> they were power grabs by individuals outside of office, right? they don't have voters that they have to answer to, they don't have live that will be affected by these pledges. all they're doing is trying to co-opt some sort of power grab saying i have x amount of influence because of look at the people that signed my pledges. not just grover's pledge. look at the other fringe organizations that had pledges. michele bachmann got in trouble for signing a pledge something along the lines that black people were better under slavery than under president obama. that was one of her pledges during the p
it's not about being anti-tax, it's about unnecessary taxes. i think both parties don't want to have unnecessary taxes as well. as long as we're able to have an intelligent conversation about this and move away from the sound bites, a compromise is much easier to be made. >> well, what about walking away from this whole pledge thing? that did seem to be a road block in the minds of many republicans. >> pledges are stupid. >> but they were acted upon. >> they were power...
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wealthy it has an economy the size of portugal is but the terms of the number in terms of the size of taxes they pay it's much more to central government than they actually get back from madrid in terms of investments in schools and hospitals so they're annoyed about that and particularly when you consider that unemployment here is around twenty five percent so if a referendum does happen i suppose you could say that you would expect people to vote in favor of it although i say that those people who are against separatism do point out that if catalonia does withdraw from spain it could also mean it has to drop out of the european union and not many people in catalonia would be in favor of that if that turns out to be the case. maybe they would prefer the status quo said there are a lot of ifs and buts but what we do know as a result of today's election there is a growing sentiment nationalism and a sense for independence here in catalonia all right appreciate you staying on top of this we know that you'll be following this as this unfolds and performer in spain. and more disunity in europe
wealthy it has an economy the size of portugal is but the terms of the number in terms of the size of taxes they pay it's much more to central government than they actually get back from madrid in terms of investments in schools and hospitals so they're annoyed about that and particularly when you consider that unemployment here is around twenty five percent so if a referendum does happen i suppose you could say that you would expect people to vote in favor of it although i say that those...
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control over national member states budgets even to have its own sources of income it's only you taxes that of course he's pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better off course in terms of the britain's own deficit and the debts that the u.k. has it is a small amount that the european union's asking for because the european union has already taken so much power people are just loathe to accept a situation where they're going to get any more money. still to come this hour the wind off separately from people of spain the one you are going to the polls to choose a new parliament. of independents dominating. the un says it will send that space to the rain and you see how this data can improve in four i think human rights record of leading opposition party to continue to protest . that and that and plenty more stories in just a few minutes. trimmings in this tree even for specialists a voice can produce several sounds it kwame's between aeons the art of throat singin
control over national member states budgets even to have its own sources of income it's only you taxes that of course he's pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better off course in terms of the britain's own deficit and the debts that the u.k. has it is a small amount that the european union's asking for because the european union has already taken so much power people...
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far more in taxes to the central government and actually gets back into massive investment from madrid in this at a time when unemployment is at around twenty five percent and many people are having to endure very tough austerity cuts so they believe in essence that they can govern the economy better themselves and would be better off. as an independent state and break away from spain but that is on the condition for many people that catalonia manages to stay in the e.u. some people do you fear that if it does to withdraw from spain it would be forced to withdraw from the e.u. and that would not be good for the economy so if that turns out to be the case and they do have to drop out of the european union then perhaps many people would prefer the status quo. artie's andrew farmer reporting for us there now an r k from the european partnership for independence explains that fears of exclusion from the e.u. are part of madrid's efforts to cripple the catalans independence argument on the spanish state machinery and trying to fear campaign cancel and so we are european cities as no there's
far more in taxes to the central government and actually gets back into massive investment from madrid in this at a time when unemployment is at around twenty five percent and many people are having to endure very tough austerity cuts so they believe in essence that they can govern the economy better themselves and would be better off. as an independent state and break away from spain but that is on the condition for many people that catalonia manages to stay in the e.u. some people do you fear...
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, also their income taxes. and as a consequence they'll have less money to spend and the economy will take a tumble. we'll start to see more layoffs. >> okay. certainly not a rosy picture. >> no, not something we want to happen. >> peter morrissey, thanks so much. are you optimistic? >> i think they'll make a deal. yeah i think we'll get there. >> okay, all right. that's a good way of ending it. for a second i got depressed. peter morrissey, thanks so the much, good to see you. >> nice to see you. >>> it is something never seen before. a north korean spy's tools of the trade. weapons that you would never guess would kill you in an instant. we've got the exclusive pictures. >>> a rhinestone cowboy rides off into the sunset. but not before one last concert. what is that? it's you! it's me? alright emma, i know it's not your favorite but it's time for your medicine, okay? you ready? one, two, three. [ both ] ♪ emma, emma bo-bemma ♪ banana-fana-fo-femma ♪ fee-fi-fo-femma ♪ em-ma very good sweety, how do you
, also their income taxes. and as a consequence they'll have less money to spend and the economy will take a tumble. we'll start to see more layoffs. >> okay. certainly not a rosy picture. >> no, not something we want to happen. >> peter morrissey, thanks so much. are you optimistic? >> i think they'll make a deal. yeah i think we'll get there. >> okay, all right. that's a good way of ending it. for a second i got depressed. peter morrissey, thanks so the much,...
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. >> once we take over these properties, the government instantly starts collecting revenue tax wise. >> but some residents believe that won't make much difference. malik yakini runs an urban community garden and sees his idea as a land grab taking advantage of a chance to snap up real estate at rock bottom prices. >> this is great potential to develop that land for the collective good, as opposed to one wealthy individual buying up large tracts of land. >> how close is your house to where we are stand something. >> my house is probably about two blocks down and two blocks up. >> reporter: to convince skeptics hantz build a three-acre pilot site to demonstrate his idea, hantz farm president mike score over saw the project. >> we came in and planted oak on the main part of the property and flowering trees along the perimeter. >> and that's what we are looking at here? >> 900 oak trees on three acres. >> score, who was born and raised in detroit says he already has seen changes in the neighborhood. >> i am the king of the word! >> in an area that was once too dangerous. >> when visitors
. >> once we take over these properties, the government instantly starts collecting revenue tax wise. >> but some residents believe that won't make much difference. malik yakini runs an urban community garden and sees his idea as a land grab taking advantage of a chance to snap up real estate at rock bottom prices. >> this is great potential to develop that land for the collective good, as opposed to one wealthy individual buying up large tracts of land. >> how close is...
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is trying to fight on taxes. and also the job just. is not you want it's voicing their opposition or shall i say they're forcing opposition but you've got another job just for egypt which are supporting morsi and some suspect computer science. i'm also. on. and also i'm one of you know i'll say is that it's a dream to district council has and then. by more city and then that matters a lot of talk about genes i mean for the president to make this controversial said this is a high risk stuff why do you think he decided to go for it. egypt has been in the long time especially because of the constitutional. process. between islamists and. nothing's going and especially on the run we were. also on the fact that he broke the. cease fire has given him an overall international legitimacy and also. so from now on him to continue. to. be sure and. also rob. just want to make any. progress now given the situation has happened. it's a terrible situation. i mean in this battle between the supporters of the muslim brotherhood and the liberal opposit
is trying to fight on taxes. and also the job just. is not you want it's voicing their opposition or shall i say they're forcing opposition but you've got another job just for egypt which are supporting morsi and some suspect computer science. i'm also. on. and also i'm one of you know i'll say is that it's a dream to district council has and then. by more city and then that matters a lot of talk about genes i mean for the president to make this controversial said this is a high risk stuff why...
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Nov 25, 2012
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the reason is the country -- the government is on automatic pilot to the fiscal cliff, to massive tax increases and really horrible spending cuts on january 1st unless we act, so if congress does -- congress has gotten pretty good at doing these days, we'll go over the fiscal cliff, so there's work to be done and compromises to be reached. >> next, an interesting take on the fbi investigation that ensnared general david petraeus. >> i got to say, what spies surprises me is these people are still sending emails. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than yo
the reason is the country -- the government is on automatic pilot to the fiscal cliff, to massive tax increases and really horrible spending cuts on january 1st unless we act, so if congress does -- congress has gotten pretty good at doing these days, we'll go over the fiscal cliff, so there's work to be done and compromises to be reached. >> next, an interesting take on the fbi investigation that ensnared general david petraeus. >> i got to say, what spies surprises me is these...
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producing a fifth of the country's economic output but it pays around sixteen billion euros a year more in taxes than it gets back in madrid which has in turn insisted public services into austerity cuts. this is not fair i mean we are the ones who're. doing our best in an economy the reasons we cannot have all the weight of these measures and the central government for us is the one who is spending the most and not in the best way last september barcelona witnessed one of the largest separatist rallies here since the nineteen seventies over one and a half million cattle and took to the streets to call for independence but the path to becoming a new european state is far from smooth the proposed referendum is against the spanish constitution what's more withdrawing from spain could also force this region to draw back to the european union goes against separatism believe it could do more harm than good. separatism for catalonia would be an economic disaster multi-national companies located in barcelona for access to the spanish working and being in the e.u. that would be lost once more even of se
producing a fifth of the country's economic output but it pays around sixteen billion euros a year more in taxes than it gets back in madrid which has in turn insisted public services into austerity cuts. this is not fair i mean we are the ones who're. doing our best in an economy the reasons we cannot have all the weight of these measures and the central government for us is the one who is spending the most and not in the best way last september barcelona witnessed one of the largest...
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Nov 25, 2012
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the big sticking points, how to bring in more tax revenue and reduce things like medicare. but it's not clear when the president and lawmakers will meet next. and even if some progress is made this week, a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions ear early. they tend to do bet when they have a deadline. i would be pleasantly surprised to see a deal emerge earlier ler than the end of the year, but we'll see. >> reporter: senate majority leader harry reid said before the break that they hoped to have another meeting with the president this week. randi? >> athena jones, thank you very much. the fiscal cliff wasn't on the president's mind while he was out christmas shopping though the reporters tried to ask him about it. the president and this daughter sasha and malia stopped by. the president bought 15 children's zbiks to be given to family and friends. the president's daughter sure to be sad about this next one. their beloved justin bieber is losing the top spot on youtube. korean top star psy now has the most watc
the big sticking points, how to bring in more tax revenue and reduce things like medicare. but it's not clear when the president and lawmakers will meet next. and even if some progress is made this week, a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions ear early. they tend to do bet when they have a deadline. i would be pleasantly surprised to see a deal emerge earlier ler than the end of the year, but we'll see. >> reporter:...
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economy here is actually pretty strong it's the size of portugal's but the region itself pays far more in taxes to the spanish government that it actually receives back in terms of investment from madrid and that is something that annoys a lot of people particularly when unemployment rates here at around twenty five percent and many people are having to endure tough austerity measures so the feeling is that they feel that they could do a better job if they could govern themselves and also do a better job if they could govern their own economy also there seems to be a lot of support for the center pendants move there but how much of an uphill battle would it be to actually break away from spain. well there are several sticking points firstly the mass would have to gain an absolute majority to be sure of being able to push through any referendum otherwise he would have to form some sort of coalition secondly the referendum itself is actually against the spanish constitution the spanish government has said it will fight it all the way with some parts of the spanish media actually suggesting that a
economy here is actually pretty strong it's the size of portugal's but the region itself pays far more in taxes to the spanish government that it actually receives back in terms of investment from madrid and that is something that annoys a lot of people particularly when unemployment rates here at around twenty five percent and many people are having to endure tough austerity measures so the feeling is that they feel that they could do a better job if they could govern themselves and also do a...
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region itself a rich pretty wealthy it has an economy the size of portugal's but it pays far more in taxes to the spanish government actually received back in terms of investment from madrid and that is something that annoys some people here unemployment is at around twenty five percent and also people are having to endure tough austerity measures at the moment but nothing is a done deal because after mass does need to record an absolute majority in order to be able to push through this referendum otherwise he would be forced to form some sort of coalition there is a sticking point in the referendum is actually against the spanish constitution in the spanish prime minister. has said he will fight it with some elements of the spanish media are actually saying that after mass could find himself arrested so nothing is clear cut at the moment and even though opinion polls do suggest that the majority of people are in favor of independence there is a strong lobby who are against separatism and their arguments are based on the economy too they say that if catalonia is forced withdraw from spain
region itself a rich pretty wealthy it has an economy the size of portugal's but it pays far more in taxes to the spanish government actually received back in terms of investment from madrid and that is something that annoys some people here unemployment is at around twenty five percent and also people are having to endure tough austerity measures at the moment but nothing is a done deal because after mass does need to record an absolute majority in order to be able to push through this...
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well, it's a $7 trillion mix of spending cuts and tax hikes. that is one of the biggest domestic problems facing the u.s., and the fiscal cliff is so critical that some economists worry it could throw the country back into a recession if congress and the obama administration just can't make a deal. for many americans, the idea of a fiscal cliff is a hard one to wrap their brain around, but my next guest says the brain may be exactly what is needed get washington out of this whole mess. he is david rock, co-founder and author of "your brain at work." good morning. >> good morning to you, radi, good to be here with you. >> i have a lot to get through with you, but you say that our brains are inherently wired to categorize other people in one of two ways. in groups and out groups. can you explain what that means? >> absolutely. it's an inle function, and we see it in many other animals, including mammals as well. it's not just an american thing or western thing. it's very much a part of who we are, to decide if everyone we're speaking to is on our
well, it's a $7 trillion mix of spending cuts and tax hikes. that is one of the biggest domestic problems facing the u.s., and the fiscal cliff is so critical that some economists worry it could throw the country back into a recession if congress and the obama administration just can't make a deal. for many americans, the idea of a fiscal cliff is a hard one to wrap their brain around, but my next guest says the brain may be exactly what is needed get washington out of this whole mess. he is...
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Nov 25, 2012
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by the way, the one-time cash payout would be $312 million, before taxes of course. leading up to tonight's bonanza, there have been 14 consecutive drawings with no jackpot winner. your chances of picking five numbers and the powerball, 1 in 175 million, but hey, it is possible. a couple from iowa did hit the jackpot at $202 million back in september. so you do have a chance here. and by the way, kate, i do have my ticket and you have a couple hours, a few hours left to get yours. >> you'll share that with all of us, i'm sure, thank you. >>> and we wanted to update you on a story we first told you last night, a reason to celebrate for folks in one of the area's hardest hit by the monster storm sandy, breezy point in queens. last night, kristen diffindale and james keane said their i dos. they were busy planning their i wedding when the storm hit. their house was flooded. the church where they were supposed to get married was turned into a command center. they nearly postponed the whole thing but in the end as you can see they decided to go ahead to give their friends
by the way, the one-time cash payout would be $312 million, before taxes of course. leading up to tonight's bonanza, there have been 14 consecutive drawings with no jackpot winner. your chances of picking five numbers and the powerball, 1 in 175 million, but hey, it is possible. a couple from iowa did hit the jackpot at $202 million back in september. so you do have a chance here. and by the way, kate, i do have my ticket and you have a couple hours, a few hours left to get yours. >>...
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c.e.o.s don't like to come to government because they have to give out all the stuff they have, those taxes. those are the people i think that want to help their country. the country has been so good to them. arlet them try to figure out how to get our country moving again. >> and i think obama has to realize the moment. for a re-elected president there is so much good will out there, even among his opponents. now, we had an election which i think was decided but not decisive. there were, what, 57 million people who voted for romney. and there is a way that obama can kind of step forward and say, "these are the ideas. this is the method we're going to do this." he can-- i mean, you know, you talk to this man-- i mean, you don't get to talk to the people you write about. i get to talk to obama and say, "why did you do this? what happened here?" and he has good answers. he equips himself very well, and he needs to say, this is the theory of the case. this is how we're going to work this out. and the capacity and the good will with there. >> he said-- he's-- his best speech ever, i thought, wa
c.e.o.s don't like to come to government because they have to give out all the stuff they have, those taxes. those are the people i think that want to help their country. the country has been so good to them. arlet them try to figure out how to get our country moving again. >> and i think obama has to realize the moment. for a re-elected president there is so much good will out there, even among his opponents. now, we had an election which i think was decided but not decisive. there were,...
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with tax hikes if a bush tax cuts expire. tell me about how the political file would be sliced? they want to protect the entitlement programs because of the people who depend on them. by the way guys obama care is not even ang option. don't go there talking about getting rid of that or trying to repeal it. >> i think what republicans -- i don't think they want to cut entitlement programs i think what they are trying to do, anybody who is dealing with reality right now can look at the spending curves of social security and medicare and medicaid and see that they are going towards bankruptcy. social security for example right now congress has for so long been stealing money from the social security fund. we are years away from that flipping so that your taxes to pay social security. >> let me jump in. i understand that argument as well in terms of having the entitlement programs basically bankrupt the system. not saying the gop wants to cut it across the board they want to limit it. talk to the people, though, we start to hear social security going out the window and some of the e
with tax hikes if a bush tax cuts expire. tell me about how the political file would be sliced? they want to protect the entitlement programs because of the people who depend on them. by the way guys obama care is not even ang option. don't go there talking about getting rid of that or trying to repeal it. >> i think what republicans -- i don't think they want to cut entitlement programs i think what they are trying to do, anybody who is dealing with reality right now can look at the...
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by the end of the year, so we will see. >> tax hikes and steep spending cuts will take place next year. >> 8:41 first, this live look outside at san francisco still very foggy. there are some bridge advisory for the dunbarton, and a possible airport delay. at least 40-50 minutes right now. >> 8:44 taking a look at this weather. there is fog all around the bay it is going to be colder. >> what a change from an yesterday? >> id is really foggy the approach to the bay bridge. bay-area wide. for this afternoon we are expecting to see some clearing. and if widespread fog and clouds again there is a dense fog advisory for the north bay. it expires in the one along the delta does not expire until 10:00 a.m. so drive carefully as for the fog tracker 4 we can see how widespread it is. 10:00 a.m., portions of the south bay. and by this afternoon it will clear with a sunny afternoon but it will press by 5:00 p.m. along the san mateo coast and widespread. for the overnight hours. taking in a look at visibility still zero. dance in the north bay. 1 mi. through oakland, hayward and san francisco bec
by the end of the year, so we will see. >> tax hikes and steep spending cuts will take place next year. >> 8:41 first, this live look outside at san francisco still very foggy. there are some bridge advisory for the dunbarton, and a possible airport delay. at least 40-50 minutes right now. >> 8:44 taking a look at this weather. there is fog all around the bay it is going to be colder. >> what a change from an yesterday? >> id is really foggy the approach to the bay...
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. >> i would be very much opposed to raising tax rates. but i believe we can change loopholes. >> i want entitlement reforms. democracies promise to cut spending. we never cut spending. i am looking for revenue for entitlement reform. >> reporter: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come from an increase on the tax rates of top earners, which is currently 35%. >> let the rates go up to 39. let us also take a look at the deductions. let's make sure that revenue is an integral part of deficit reduction. from my side of the table, bring entitlement reform into the conversation. social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no dat
. >> i would be very much opposed to raising tax rates. but i believe we can change loopholes. >> i want entitlement reforms. democracies promise to cut spending. we never cut spending. i am looking for revenue for entitlement reform. >> reporter: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come...
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either real tax rates or effective tax rates. secondly, we've got to close some significant loopholes, for instance, the ones that allow for too many corporations to avoid paying taxes by moving revenues overseas. >> mike is at the white house. did it sound to you like they are ready to make compromises? >> reporter: there's so much there to listen to and, alec, i know people hate to hear this, but you really have to look closely at what they are saying. as the fiscal cliff negotiations are set to make, peter king, we'll hear from him in a moment, say that they are willing to forego, to break the ledge that they made, the famous pledge that this individual that grover norquist talks about, that republicans made that they will not raise taxes. there's two parts. they won't raise tax rates or tax revenues by any means necessary. lindsey graham says he will willing to doll that by simplifying the tax code. that's one path to compromise that we will see. what they don't agree upon yet is raising that top rate, that 35% rate right now
either real tax rates or effective tax rates. secondly, we've got to close some significant loopholes, for instance, the ones that allow for too many corporations to avoid paying taxes by moving revenues overseas. >> mike is at the white house. did it sound to you like they are ready to make compromises? >> reporter: there's so much there to listen to and, alec, i know people hate to hear this, but you really have to look closely at what they are saying. as the fiscal cliff...
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tax rates. second, though, we have to close some significant loopholes. >> republican senator graham is okay with new revenue and willing to cap deductions but only if democrats agree to reform entitlements such as social security and medicare. >> i don't expect the democrats to go for premium support or voucher plan but i do expect them to adjust the entitlement programs before necessity bankrupt the country. >> some entitlement reform is okay with illinois democratic senator durbin but he thinks social security should be last alone. >> social security does not add one penny to our debt. it is a separate funded operation and we can do things and i believe we should, now, played out long term that gives it solvency. >>peter: congressman king says no one will get what he wants but in president reagan and thomas "tip" o'neill could make a deal, so, too, should speaker boehner and president obama. >>gregg: and now the top people responsible for our defense, first, general petraeus resigning as head
tax rates. second, though, we have to close some significant loopholes. >> republican senator graham is okay with new revenue and willing to cap deductions but only if democrats agree to reform entitlements such as social security and medicare. >> i don't expect the democrats to go for premium support or voucher plan but i do expect them to adjust the entitlement programs before necessity bankrupt the country. >> some entitlement reform is okay with illinois democratic senator...
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it's the 2% we don't agree on, and the republicans could hold up tax release for 98% of americans. i think the public also needs to know that what's happening in the congo is a humanitarian crisis, almost going to be at the tipping point and it's one of the most desperate places in the world and these people in camps are on the road and there will be great death and disease there and we need to contribute to the red cross and others to help the people in goma and in the eastern congo and that the grizzlies are the best team in basketball. >> you really touched all the bases there. katrina? >> people need to know we have come one step closer to ending the ineffective and inhumane drug wars in this country with the initiatives that passed in washington and colorado on november 6. al also, the war on drugs affects disproportionately african-americans and latinos and it's failed. >> what they're setting up there, the regulatory system -- >> people should know as the justice department and cia write a policy that was supposed to endoris the drone targeting, china has developed their own
it's the 2% we don't agree on, and the republicans could hold up tax release for 98% of americans. i think the public also needs to know that what's happening in the congo is a humanitarian crisis, almost going to be at the tipping point and it's one of the most desperate places in the world and these people in camps are on the road and there will be great death and disease there and we need to contribute to the red cross and others to help the people in goma and in the eastern congo and that...
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and else's on the side of not increasing taxes. but they have to find some common ground though it's hard to see what that will be today. >> well, it's going to be a courageous time for john boehner, does he hold down? he's one guy you want want to be right now. even if he's in a deal he's going to want to have him out. >> he's he been on conference calls with every member of the republican caucus and had to lay this out for all of them and some republicans have gone out and sort of fallen in line with him and others spoken out publicly, under no circumstances will i raise taxes, it will be interesting where they raise revenue. can they do it by lightning deductions and-- >> they do the write-offs and the deductions. >> but the president had one to raise on the wealthiest americans. >> dave: the president two years ago says we cannot raise taxes with the growth levels. >> alisyn: not that president, the election president. >> dave: my mistake, everyone. >> alisyn: it's hard to know what they will do, but this week should be telling
and else's on the side of not increasing taxes. but they have to find some common ground though it's hard to see what that will be today. >> well, it's going to be a courageous time for john boehner, does he hold down? he's one guy you want want to be right now. even if he's in a deal he's going to want to have him out. >> he's he been on conference calls with every member of the republican caucus and had to lay this out for all of them and some republicans have gone out and sort of...